TCS Capital GP, LLC, 10% Owner at FIRST AVENUE NETWORKS INC (FRNS), bought 946,500 shares at $13.41 ($12.5M) on 2006-05-31, disclosed to the SEC on 2006-06-01.
Open-market purchase of $12.5M FRNS by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $13.07 | 589,000 | $7.7M | 61.6% |
| 2 | $13.41 | 340,000 | $4.6M | 36.5% |
| 3 | $13.39 | 17,500 | $234K | 1.9% |
| Total | $13.20 avg | 946,500 | $12.5M | 100% |
| Filing → |
| CETV | BUY | 2015-12-11 | $2.5M | — | Filing → |
| III | SELL | 2010-04-06 | $658K | — | Filing → |
| DM | SELL | 2009-06-03 | $9.9M | — | Filing → |